Q. 94 Kindly share the details what are the data required for filing the GST returns and mention last date of return and how many returns should be filed every month.

Ans. Under GST law, all registered person is required to file monthly or quarterly returns and annual GST returns have to be complied with as per the business criteria. The GST returns have to be filed online on GST Portal. If the aggregate annual turnover is above INR 5 crore in the preceding financial year, then following returns have to filed.

Q.93 One of the gst registered regular scheme notice received from gst department
Year 18-19 and 19-20 and year 20-21 years dealer itc excess claim in gstr3b (difference between gstr3b vs gstr2a).
Question:
Dealer itc excess claim tax payable compulsory

Ans. This is a very subjective matter of litigation. If you have genuine purchases and invoice wise details are available with you, you can take this case to a higher level of authority if the relief is not given at a lower level. Practically, the department is very rigid in these cases. It is also advised to take a detailed opinion to have better clarity.

Q. 92 One of the GST registered regular scheme dealer itc shortfall and excess summary as per GST portal in F.Y. 21-22
1.Some months ITC claimed as per gstr3b vs gstr2a shortfall
2.some month ITC claimed as per gstr3b vs gstr2a ITC excess claimed
Question:
Dealer ITC shortfall and excess difference adjustment procedure.

Ans. In terms of rule 36 (4), it is required to reconcile the returns GSTR- 2B or GSTR- 2A with GSTR-3B, the ITC can be claimed of a particular invoice if it is available in the GSTR-2A or GSTR-2B.After knocking off, if the excess ITC still exists at the end of the FY- 2021-22, interest is required to be paid and excess ITC taken need to be reversed.However, if the excess ITC claimed and shortfall matches at the end of FY 2021-22, interest is required to be paid for the duration in which ITC is claimed in excess.